Second Quarter Review and Outlook
Wednesday, July 17, 2024
What Just Happened? The U.S. equity market (S&P 500® Index) notched a gain of nearly 4% in the June quarter. Considering the challenges of the quarter, the market’s “good-but-not-great” Q2 June performance deserves respect. Those challenges included (1) higher-than-hoped inflation – still above the Federal Reserve’s 2% goal – and, thus, (2) no interest rate relief from the Fed. The bank’s base interest rate has been 5.25-5.50% for a full year. At the start of this year many economists predicted the Fed would cut rates four or five times in 2024. Now, most Fed watchers expect the bank to cut rates just once or twice in the second half, if even that.
Dennison T. Veru
Senior Partner,
Chief Investment Officer
Lorraine R. Salvo, CFP®, CDFA®
Managing Director,
Private Wealth Management & Head of Financial Planning
Michael Feiler
Partner,
Private Wealth Management
Wendy Popowich
Managing Director,
Private Wealth Management
Bernard Picchi, CFA
Managing Director,
Private Wealth Management
Catherine Carpenter, FPQP®
Assistant Vice President,
Client Relations & Strategic Initiatives
Arely Quintanilla
Associate,
Client Relations & Technology
Roseann Heffernan
Assistant Vice President,
Client Relations
Tuesday, September 24, 2024
The Fed Lowers Interest Rates - What Does This Mean for the Market and Economy?
Palisade Capital Management Chief Investment Officer Dan Veru shares his views on interest rate cuts and our thoughts on...
Monday, September 9, 2024
Noreen Drohan Joins Palisade Capital Management
Noreen Drohan joins Palisade Capital Management as Senior Vice President, Head of Consultant Relations....
Wednesday, August 28, 2024
Small/Smid Cap Market Update
Palisade Chief Investment Officer Dan Veru shares our current thoughts on stocks – small and smid-caps in particular - a...
Friday, August 16, 2024
Dan Veru Appears on CNBC's "Worldwide Exchange"
Palisade Senior Partner and Chief Investment Officer Dennison T. Veru appeared on CNBC this morning to discuss current m...
Thursday, August 15, 2024
Financial Planning Blog: August 2024
How To Be a Smarter Investor in Uncertain Times - Six Open Secrets of Smart Investors
Tuesday, August 6, 2024
Market Update: Volatility Returns to Stocks
Palisade Capital Management, LP Chief Investment Officer Dennison T. Veru shares his views on recent market volatility a...